Additional Zerodha Products & Amazing Features

#1. Coin

You would save on both upfront and trail commission on your investment. To invest directly, you can visit the fund house’s website or office, fill up the form and invest in the fund.

Zerodha Coin is completely free.

#2. Coin Mobile

Coin mobile is a mobile application having all features of Zerodha Coin for investing in mutual funds.

You can log in with your Kite account and start using the app.

#3. Kite Connect API

Kite Connect is a set of simple HTTP APIs built on top of Zerodha’s exchange-approved web-based trading platform, Kite. You can build a full-fledged trading platform Kite connect API.

You would gain programmatic access to data such as profile and funds information, order history, positions, live quotes, place orders and manage portfolio at your convenience.

For startups, Kite connect API is free but for retail, the charges are Rs. 2000 per month.

#4. Console

A Console is a complete trade and reporting dashboard for Kite connect user that allows you to track and manage your own programmatic API access.

You can pause or resume, or invalidate such access, and monitor all activity at any point.

Zerodha Margin / Zerodha Leverage/ Exposure

Segment

Margin

Zerodha Margin Equity Delivery

No Margin

Zerodha Margin Intraday Equity

Up to 20 times

Zerodha Margin Equity Futures

40% of the normal margin (NRML)

Zerodha Margin Equity Options

No margin

Zerodha Margin Currency Futures

40% of the normal margin (NRML)

Zerodha Margin Currency Options

No margin

Zerodha Margin Commodity

40% of the normal margin (NRML)

What I Like/Didn’t Like about Zerodha

What I Like

No brokerage charges for delivery.

Fixed & low brokerage irrespective of trade volume.

No minimum balance required to open the account.

What I Didn't Like

Frequent delays and service down during trading hours.

The margin provided is low as compared to other brokerage companies.

Cannot invest in IPO through Zerodha.

Trading Platforms

#1. Kite 3.0

Kite 3.0 is a web-based trading and investment platform which can be used for trading on mobile, tablets, desktop and laptops.

You can search across 90,000+ stocks and F&O contracts across stock exchanges like BSE, NSE and MCX.

Sleek User Interface

Real-Time Widgets

Advanced Charting

Covers all Stock Exchanges

Kite 3.0 is available for free to all its customers.

#2. Kite Mobile

Kite Mobile App is one of the most advanced trading apps in India available for both Android and iOS. You can trade and monitor live streaming data from BSE, NSE and MCX with the Kite app.

The app is fast and light having bandwidth consumption of fewer than 0.5 Kbps for a full MarketWatch. The app has extensive charting with over 100 indicators and 6 chart types, advanced order types like Brackets and Cover, and millisecond order placements.

You would get all the features of Kite 3.0 in the Kite app.

#3. Sentinel

Sentinel is a market price alerts tool for stocks, futures and options residing on the cloud. You would get a notification whenever the underlying hits the price (today, tomorrow, or months from now) that you have set.

You can set alert for over 80,000+ stocks, bonds, commodities, F&O contracts and currencies across exchanges on OHLC, bids and offers, in addition to the price.

You will get alerts on Kite web and via email.

#4. Zerodha PI (Installable Application)

Zerodha PI is an installable trading terminal. Which features advanced charting, algos, strategies, & backtesting. You can trade across segments at BSE, NSE and MCX using this application.

PI is available for free to all the clients.

My Experience with Account Opening Process

How to Open Zerodha Account

The whole account opening process of Zerodha is very easy and online. If you have an Aadhaar card, then the process becomes even smoother.

You would need following documents along with Aadhaar card

PAN CARD

Aadhar Card

Passport size photo

Cancelled cheque/ Saving bank account passbook

It hardly takes 30 mins to complete your demat and trading account opening procedures and your account will be opened within a day.